The alternative theory of a global credit glut gained more ground with the release last week of the Financial Stability Board s report on shadow banking. The FSB report contains startling revelations about the scale of global shadow banking, which it defines as credit intermediation involving entities and activities outside the regular banking system.

The global banking and financial services sector is the most sophisticated of all the trade efficiency sectors.

Other terms include parallel banking, underground banking and ethnic banking.

The trouble is that, by 2010, the shadow banking system was about the same size as it was just before the 2007 market crash, whereas the regulated global banking system was 18 larger than in 2007. That is why the FSB report pinpoints the shadow banking system, together with the large global banks, as sources of systemic risk.

With the global account structure, and expanded banking products and services, bank charges need to be closely monitored.

The shadow banking system is estimated at roughly 25 30 of the global financial system ( 250 trillion, excluding derivatives) and at half of total global banking assets. This represents a huge regulatory black hole at the center of the global financial system, hitherto not closely monitored for monetary and financial stability purposes.

In prominent cases of substantial fraud in the banking system in the last decade, the implications were truly global, involving investors across the world and damaging the banking systems of a number of developing countries.

Banking

Banking

FINANCE, BANKING

Banking system

G. Banking

C. Banking

Banking section.

When banking is no longer so respectable, we lose interest in banking.

It brings rudimentary banking services to places where there's no banking infrastructure.

Central Banking Deflowered

China s Banking Revolution

The Banking Conundrum

Banking and credit

European Banking Federation

BANKING AND INSURANCE

Lower banking costs.

Includes banking charges.

Banking sector reform

Money and banking

Well there's multiple different ways, such as banking trojans, which will steal money from your online banking accounts when you do online banking, or keyloggers.

Segregation of banking duties

Banking on the BRICS

Europe s Bogus Banking Union

Is Traditional Banking Unbreakable?

Banking on the IMF

The European Banking Disunion

Europe s Flawed Banking Union

The European Banking Union?

Select online banking plugin

Online Banking Account Setup

(c) Banking and insurance

3. Banking and insurance

G. Banking and insurance

D. Banking and finance

H. Banking and credit

E. Banking and insurance

Money laundering will then take place increasingly via online banking, cellphone banking and prepaid cards.

20. UNCTAD and ITU held a joint session on Banking and electronic commerce in the global networked economy , which formed part of the ITU Telecom Interactive meeting.